OpenSea has introduced a three-hour hold period to identify fraudulent transactions. Despite challenges by emerging platforms, OpenSea continued its dominance in the sector. OpenSea, the world’s largest Non-Fungible Token [NFT] marketplace, has taken steps to safeguard users from hacking incidents on its platform. In a Twitter post on 2 February, OpenSea introduced a grace period
Bitcoin News
Bitcoin (BTC) fell prior to the Feb. 3 Wall Street open as fresh United States economic data came in “hot hot hot.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Think again” over U.S. recession Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it erased gains from earlier in the day to center on
Bitcoin (BTC) headed toward $23,000 on Feb. 3 after a night of losses erased bulls’ latest progress. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar rebound halts crypto party Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $23,329 on Bitstamp. The pair had come off a second trip above the $24,000
Software analytics company MicroStrategy recorded a paper loss of over a billion dollars on its Bitcoin (BTC) holdings in 2022 but says it has no plans to stop trading the digital asset. MicroStrategy released its 2022 Q4 and year-end earnings on Feb. 2 showing the recorded impairment charges on its BTC holdings, net of gains
Silvergate’s share price in after-hours trading plummets as DoJ investigation report surfaces The enforcement agency is probing the bank’s ties with the bankrupt crypto exchange Silvergate Capital, a bank providing services to crypto firms, has drawn the attention of the Department of Justice for its association with bankrupt crypto-exchange – FTX. According to a report
The second largest publicly-listed holder of Bitcoin, crypto mining firm Marathon Digital Holdings has offloaded some of its Bitcoin for the first time in two years. A spokesman told Cointelegraph this was not a result of financial distress. As per a January update posted on Feb. 2, the company disclosed it sold 1,500 BTC, worth $35.3
A report has revealed how integrating Bitcoin mining into solar storage systems can improve the scalability and reliability of grids. Bitcoin Mining’s Properties Mean That It Goes Well With Solar Power Systems There are many challenges that come with solar-based systems that arise out of the nature of the energy and the state of the
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Binance Coin surged above resistance; retracement could be a buying opportunity. The market structure remained bullish. Binance Coin [BNB] beat the 12-hour bearish order block near $316 after two weeks of struggle. In late November
In this week’s episode of Market Talks, Cointelegraph welcomes Budd White, chief product officer and co-founder of Tacen — a United States-based software company developing compliance software for a well-regulated crypto space. To kick things off, we get to know White a little better and find out his background and what drew him to the space. We
Bitcoin’s (BTC) price has been trading above $22,500 for 12 days. Of course, this situation can change even if Federal Reserve chair Jerome Powell issues positive statements about the economy in today’s post-FOMC presser. Even if the decision matches the market consensus, the post-meeting statement should be investors’ primary area of focus. Specific areas to
In January, ETH’s supply decreased by 10,145.72 units. February might be marked by a price decline. According to data from Ultrasound Money, in January, Ethereum’s [ETH] supply decreased by 10,145.72 units, resulting in a net deflationary value of approximately $16 million. As of this writing, the current total supply of ETH stood at 120,515,752, with
Only days after the launch of the Bitcoin (BTC)-based Ordinals protocol, its creator had to deal with their first shock pornographic image which has been inscribed into the blockchain. On Feb. 2 at around 12:15 AM UTC, an unsavory image known as “goatse” was inscribed onto the Bitcoin blockchain via the Ordinals protocol. It featured
The South African grocery retailer Pick n Pay is expanding its Bitcoin (BTC) coverage to all 1,628 stores across the country following a three-month pilot testing phase in 39 locations. As part of its nationwide rollout, store customers will be able to pay for items using cryptocurrency via smartphone apps or by scanning a QR
U.S. lawmakers are seeking details from Silvergate Bank regarding its ties to FTX and Alameda. Silvergate received a similar letter last year but couldn’t provide a satisfactory response. A group of Bipartisan U.S. Senators have brought Silvergate Bank under the spotlight for its relationship with bankrupt crypto exchange FTX and sister firm Alameda Research. Senators
If you ask 10 people what Bitcoin’s original purpose is, at least one person will say it’s meant to cut out the middleman, reduce the cost of transacting and empower those who might not have access to modern financial infrastructure. While all of those boxes might be ticked, another phenomenon of financial technology, and technology
Bitcoin is already seeing a drawdown which has sparked speculation that the mini-bull run has come to an end. However, over the long term, there is still a bullish case for the digital asset but how high the price will go remains anyone’s best guess. An analyst has taken to Twitter to share their own
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